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Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

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Published Oct 18, 2023 08:05PM ET Updated Oct 18, 2023 09:40PM ET

Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin © Reuters.

Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.

The current version, Taproot Assets v0.3, will provide a “feature-complete developer experience” to issue, manage and explore stablecoins and other assets on the Bitcoin blockchain, according to Ryan Gentry, head of business development at Lightning Labs.

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Lightning Labs releases Taproot Assets alpha, bringing stablecoins to Bitcoin

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